home retail group (HOME) Related Businessweek News

home retail group (HOME) Details

Home Retail Group plc operates as a home and general merchandise retailer primarily in the United Kingdom and the Republic of Ireland. It operates through three segments: Argos, Homebase, and Financial Services. The company offers consumer electronics under the Bush and Alba brands; toys under the Chad Valley brand name; furniture under the Schreiber and Hygena brands; and homebase products under the Habitat, Odina, Schreiber, Hygena, and Qualcast brands. It also provides video gaming, Android platform-based tablets, domestic appliances, and seasonal products; and DIY, decorating, home, and garden products, as well as offers installation services for its products. In addition, the company provides a range of credit and insurance products to customers. The company operates approximately 1,051 Argos and Homebase stores. Home Retail Group plc was founded in 1964 and is headquartered in Central Milton Keynes, the United Kingdom.

home retail group (HOME) Key Developments

Home Retail Group plc Reports Sales Results for the Thirteen Week Period Ended May 30, 2015

Jul 2 15

Home Retail Group plc has reported that like-for-like sales for the 13-week period ended May 30, 2015, decreased by 3.9% at Argos division. Like-for-like sales for the 13-week period ended May 30, 2015, were increased by 5.4% at Homebase division. Total sales at Argos division for the 13-week period ended May 30, 2015, were GBP 846 million, a 2.6% decrease, compared to the same period ended May 31, 2014. Total sales at Homebase division for the 13-week period ended May 30, 2015, were GBP 438 million, a 1.6% decrease, compared to the same period ended May 31, 2014.

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